EUR/USD AI Live Scan, 4-hour chart, Tuesday, 7 July 2026
Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Recovery off June lows, momentum flattening · RSI 43 · price 1.14154
Range-bound within summer band.
EURUSD has recovered from the mid-June slide that bottomed near 1.1325 and is now hemmed inside the 1.1350–1.1450 summer range, trading at 1.1415 with a relative-rates story keeping USD firm despite soft US labor data. Price is pinned below EMA20 after failing to hold 1.1472, with 1.1390 the strong support underpinning the base. ATR has compressed into the range, consistent with pre-catalyst drift.
Support: 1.1408, 1.1390, 1.1350
Resistance: 1.1450, 1.1472
What it said to watch
FOMC June minutes (Wed) could materially shift this read via USD spillover
H4 close below 1.1390 opens the lower range boundary toward 1.1350
H4 close above 1.1450 exposes the 1.1472 swing high
EURUSD has stabilised in the Commerzbank summer range after recovering off the mid-June low near 1.1325, and now drifts around 1.1415 with EMA20 capping and EMA50 offering a shallow base. ATR(14) has compressed toward 18 pips, a tight regime consistent with the balanced relative-rates read as one ECB hike is already priced. Price is holding above the 1.1390 support that UOB flags, with the 1.1450 range cap unbroken.
Support: 1.1408, 1.1390, 1.1350
Resistance: 1.1450, 1.1470
What it said to watch
FOMC minutes Wed 18:00 UTC could materially shift this read via USD spillover
H4 close below 1.1390 shifts the near-term bias and exposes the 1.1350 range low
H4 close above 1.1450 range cap opens the path to 1.1470 resistance
Price is boxed in the well-worn 1.1350-1.1470 summer range, having recovered off the 1.1325 swing low before stalling near 1.1470 and slipping back below EMA20 to 1.1424. The euro stays pinned as pared ECB-hike bets and Bund-Treasury spreads dominate, keeping ATR(14) compressed. A string of lower highs off 1.1470 caps the upper half of the range while EMA50 underpins nearby.
Support: 1.1390, 1.1350, 1.1325
Resistance: 1.1470, 1.1500
What it said to watch
H4 close above 1.1470 range top opens the path to 1.1500
Failure to hold 1.1390 range pivot exposes the 1.1350 range floor
FOMC June minutes Wed 18:00 UTC could break this consolidation on the USD leg
17:01 UTC
Range-bound after decline · RSI 46 · price 1.14236
1.1350-1.1450 range, higher lows off the base.
EUR/USD carved a base near 1.1325 in mid-June then recovered into a well-defined 1.1350-1.1450 summer range, printing higher lows off the low. Price is consolidating around 1.1424, back below EMA20 but holding above EMA50, with ATR(14) compressing as the pair pins near the range midpoint. The move reflects the two-way relative-rates story with markets awaiting Wednesday's FOMC minutes.
Support: 1.1390, 1.1350, 1.1325
Resistance: 1.1450, 1.1470, 1.1500
What it said to watch
H4 close above 1.1450 range top opens 1.1470/1.1500
Break below 1.1390 strong supp exposes the 1.1350 range floor
FOMC June minutes Wed 18:00 UTC could break the range in either direction
Price rolled over from the 1.1620 area early in the window and bottomed at the 1.1325 swing low before recovering into a 1.1400-1.1450 range. EUR remains pinned near lows as markets pare ECB September hike bets and USD stays firm into FOMC minutes. ATR(14) has compressed toward 14 pips as the pair coils above the 1.1400 pivot.
Support: 1.1400, 1.1325
Resistance: 1.1450, 1.1472
What it said to watch
FOMC minutes Wed 18:00 UTC is the dominant near-term driver for this range
H4 close above 1.1450 range top opens the path to the 1.1472 swing high
Failure to hold the 1.1400 pivot exposes the 1.1325 swing low
13:01 UTC
Downtrend faded into range · RSI 48 · price 1.14331
Consolidating 1.1400-1.1470 after mid-window slide.
After sliding from 1.1620 to the 1.1325 swing low mid-window, EUR/USD has recovered and stalled into a tight 1.1400-1.1470 range, matching the digest's read of a pinned Euro as September ECB hike bets are pared. ATR(14) has compressed as the pair coils just below EMA20 but above EMA50. Lower highs off the 1.14723 peak keep the near-term drift heavy, but 1.1400 is holding as the floor.
Support: 1.1400, 1.1325
Resistance: 1.14723, 1.1475
What it said to watch
H4 close below 1.1400 opens the path to the 1.1350/1.1325 range floor
H4 close above 1.14723 swing high exposes the 1.1475 range top
FOMC minutes Wed 18:00 UTC is the dominant near-term driver via USD
Price recovered off the early-July low near 1.1325 into a 1.1400-1.1470 band, with a series of higher lows keeping the bounce intact but momentum flattening as it drifts back toward the 1.1400 pivot. EMA20 has capped the last push while EMA50 still underpins, matching the digest's tight-range read with USD firm and net EUR longs flushed. ATR sits mid-regime, neither compressing hard nor expanding.
Support: 1.1400, 1.1370, 1.1325
Resistance: 1.1470, 1.1520
What it said to watch
H4 close above 1.1470 opens the path to 1.1520
Failure to hold 1.1400 exposes 1.1370, then 1.1325
FOMC minutes (Wed) and German HICP (Fri) could materially shift this read
09:01 UTC
Recovery off June lows, momentum flat · RSI 48 · price 1.14256
Ranging 1.1400-1.1470 after basing.
EURUSD has clawed back from the mid-June slide to 1.1324 and is now pinned in a tight 1.1400-1.1470 band, with price sitting just under the EMA20 and above the EMA50. ATR(14) has compressed to ~14 pips, a marked contraction from the June expansion, consistent with the macro read of net EUR longs flushed and USD firm but capped. The 1.1470/1.1500 zone is capping topside while 1.1400 acts as the pivot.
Support: 1.14082, 1.1400, 1.1370
Resistance: 1.14723, 1.1500
What it said to watch
H4 close above 1.14723 opens the path to 1.1500
Loss of 1.1400 pivot and 1.1370 exposes 1.1210
FOMC minutes (Wed) and German HICP (Fri) could break the range
Recovery off 1.1325 low, higher lows into 1.14 base.
The downtrend from the mid-1.16 area bottomed at 1.1325 in late June, and price has since built a base above the 1.1400 range floor with a sequence of higher lows. The recovery stalled at 1.1472 rejection and ATR is easing as the pair consolidates in the low 1.14s. EUR sits offered near the range floor on broad USD strength ahead of FOMC Minutes.
Support: 1.1400, 1.1325
Resistance: 1.1472, 1.1500
What it said to watch
H4 close above 1.1472 rejection opens the path toward 1.1500
Failure to hold the 1.1400 range floor exposes 1.1370 then the 1.1325 swing low
FOMC Minutes (Wed) and German HICP (Fri) could materially shift this read
05:01 UTC
Downtrend faded, now consolidating · RSI 47 · price 1.14365
Range-bound above 1.1400 floor after mid-June low.
Price sold off from 1.157 into a mid-June double bottom near 1.1325, then recovered to a rejection at 1.1472 before settling into a tight consolidation just above the 1.1400 range floor. Broad USD strength is capping recovery attempts despite resilient EU data, keeping EUR pinned at the base of the 1.1400–1.1800 range. ATR is moderate and lower highs since the 1.1472 rejection point to compression against the floor.
Support: 1.1400, 1.1325, 1.1370
Resistance: 1.1472, 1.1500
What it said to watch
H4 close below 1.1400 exposes 1.1370 then 1.1325 swing low
Reclaim of 1.1472 opens the path back toward 1.1500
FOMC Minutes Wed and German HICP Fri are the key catalysts for this range
Price sold off from the mid-1.16s into the 1.1325 cycle low, then carved a series of higher lows back to the 1.1470 area before stalling. It is now consolidating in a tight 1.1400-1.1470 band with ATR(14) compressing, consistent with EUR staying heavy sub-1.1470 as firmer USD caps topside. EMAs sit just below price after the recovery but momentum is flat around the range midpoint.
Support: 1.1400, 1.1370, 1.1325
Resistance: 1.1470, 1.1500
What it said to watch
H4 close above 1.1470 opens the path to 1.1500
Failure to hold 1.1400 exposes 1.1370 then 1.1325
FOMC minutes Wed 18:00 UTC could materially shift this read
Price sold off from the early-June 1.1620 area to a mid-June double-bottom low near 1.1325, then recovered to tag 1.1470 before rolling back into a tight consolidation just above the 1.1400 range floor. The recovery has stalled with the 1.1470/1.1500 zone capping, consistent with a firmer USD offsetting resilient Eurozone data. ATR(14) sits mid-regime, neither compressing sharply nor expanding.
Support: 1.1400, 1.1370, 1.1325
Resistance: 1.1470, 1.1500
What it said to watch
H4 close above 1.1470 opens the path toward 1.1500
Sustained break below 1.1400 exposes 1.1370 then the 1.1325 swing low
FOMC minutes Wed 18:00 UTC could materially shift this read
German HICP Fri 06:00 UTC drives September ECB hike repricing